Apella Capital LLC Invests $5.25 Million in Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI

Apella Capital LLC bought a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 52,050 shares of the company’s stock, valued at approximately $5,248,000. Apella Capital LLC owned approximately 0.46% of Vanguard Intermediate-Term Tax-Exempt Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 10.9% during the third quarter. Envestnet Asset Management Inc. now owns 322,879 shares of the company’s stock worth $32,394,000 after buying an additional 31,757 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 6.1% during the third quarter. Commonwealth Equity Services LLC now owns 181,551 shares of the company’s stock worth $18,215,000 after buying an additional 10,468 shares in the last quarter. HBK Sorce Advisory LLC acquired a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the third quarter worth $832,000. Aspire Private Capital LLC lifted its holdings in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 42.2% during the third quarter. Aspire Private Capital LLC now owns 103,351 shares of the company’s stock worth $10,369,000 after buying an additional 30,679 shares in the last quarter. Finally, Truist Financial Corp lifted its holdings in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 34.5% during the third quarter. Truist Financial Corp now owns 19,490 shares of the company’s stock worth $1,955,000 after buying an additional 5,001 shares in the last quarter.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Price Performance

VTEI opened at $100.04 on Tuesday. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a fifty-two week low of $95.00 and a fifty-two week high of $102.66. The stock has a fifty day moving average of $101.31 and a 200-day moving average of $100.98.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Profile

The Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of tax-exempt investment grade debt issued by US state and local governments or agencies. The fund includes muni bonds with an effective maturity below 20 years. VTEI was launched on Jan 30, 2024 and is issued by Vanguard.